Mexus Gold US (MXSG)

[T-Hawk]

First,

I'm the person who made that post not Git.

Next, looking at the Ihub graph on the bottom right of the screen that day, it showed 300,000+ shares being exchanged minutes before the bell. Not having immediate access to level 2 data I assumed someone had dumped given the decline in price that day and high volume being traded that day. Also, according to the IHUB graph I believe when that 300,000 transaction occurred the price dropped to below $.02 for a brief moment before finishing back up around $.02 for the day. Another indication that it was a sell and not a buy that triggered the transaction.

Let's say it wasn't a dump and someone was buying. Has it occurred to you that even after 1.5 million shares were "bought up" that share price for the day still dropped?

Nobody selling at this price has made money on the stock (excluding the toxic lenders). That means the people selling are taking a loss. 1.5 million shares is a lot of shares to take a loss on unless you think it’s going to get worse and you're cutting your losses.

Regardless, it's still likely either a toxic lender finishing up their conversion or it's an investor (or 2) getting out at a loss.

Neither one of those scenarios exudes confidence in Mexus from the market.